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Bob's Discount Furniture: Q3 Earnings Snapshot
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MANCHESTER, Conn. (AP) — MANCHESTER, Conn. (AP) — Bob's Discount Furniture Inc. (BOBS) on Thursday reported third-quarter profit of $41.7 million.

On a per-share basis, the Manchester, Connecticut-based company said it had profit of 31 cents. Earnings, adjusted for non-recurring gains, were 28 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 28 cents per share.

The furniture retailer posted revenue of $680.4 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $663.3 million.

Bob's Discount Furniture expects full-year revenue in the range of $2.6 billion to $2.63 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOBS at https://www.zacks.com/ap/BOBS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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